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Economic FreedomFree MarketsMonopoly and Competition
The ruling class is claiming that free markets are nothing more than a "trickle-down" scheme. But a free market system really does serve society best.
AntipoliticsHealthThe Police State
In an attempt to stymie the spread of covid-19, the Chinese government has imposed reckless and harmful lockdown policies in several cities. This will not end well.
PhilosophyProgressivismWorld HistoryPhilosophy and Methodology
"Repealing the twentieth century" sounds like madness to many. Yet the progressivism that came from that century will be the death knell of civilization if not stopped.
Booms and BustsThe FedInflation
Ben Bernanke once claimed that a monetary gold standard caused economic instability. He failed to mention that his fiat money standard causes the boom-and-bust cycles.
Economic PolicySocialismTaxes and Spending
California's progressive political classes now have a scheme to impose a single-payer system for medical care. If imposed, it will be costly but also ineffective.
Leftist regularly accuse capitalism of depending upon racism for its existence, but history tells a much different story.
The legacy of covid-19 ultimately will be the vast expansion of government on many levels. Not surprisingly, the statism is worse than the virus itself.
What is known as the Austrian School of Economics started in 1871 when Carl Menger published a slender volume under the title Grundsätze der Volkswirtschaftslehre.